… Anthropic was significantly limited in its compute capacity prior to its deal with SpaceX, raising usage limits on the same day the deal was announced. Google is in a very different position, with some estimates naming it as the world’s largest single owner of AI compute . …
… The startup , which was founded in 2024 by two former Google DeepMind researchers, said the compute deal is one of the largest announced open AI infrastructure commitments to date. “Recent events highlight how important open source is to the AI ecosystem, with more nations and enterprises recognizi… …
… The deal, the company said, “allows us to monetize unused compute capacity in our infrastructure.” The terms of the deal allow either side to terminate the contract with 90 days’ notice. “We expect to enter into additional similar services contracts,” the filing stated. …
Earlier this month, xAI signed a major compute deal with Anthropic , pledging billions of dollars a month for exclusive use of the company’s Colossus cluster. It was a coup for both companies, giving xAI some much-needed revenue and helping Anthropic catch up in the never-ending race for compute. …
… There’s been a lot of reporting about how Anthropic’s been looking for more compute … and it seems like an escape valve for them to be able to strike this deal and get access to all this compute. …
… The deal also plugs Lovable into several other parts of Google’s ecosystem. …
… It’s a huge deal for xAI, likely worth billions of dollars. More importantly, it immediately monetized one of the company’s most impressive accomplishments , turning xAI from a consumer to a provider of compute. …
… We would much prefer to be on the side of having a little bit more demand for the product than we’re able to serve than the inverse.” Last month, the company surprised the AI industry by partnering with xAI for compute capacity, a deal later disclosed in SpaceX’s S-1 filing to cost Anthropic $1.25 … …
… The firm treats each deal as its own separate fund, in most cases structuring it as an SPV, in which the fund’s investors buy shares in the vehicle that owns the stock. …
… The payment network company made a deal with OpenAI this week to explore similar products . …